Offers in region of

£250,000

(£250,000.00/sq. ft)

Retail premises for sale
High Street, Holywell CH8

    • From 1 - 4,000 sq. ft

Added on 13/07/2021

About this property

    Investment for sale

    location


    Holywell is set overlooking the Dee Estuary, approx. 16 miles North West of Chester, with excellent road access along the A55 linking Bangor to Chester and thereafter the national motorway networks. This block of property is situated in the best prime retailing pitch in High Street, close to Peacocks, the Post Office, and Santander.

    After a long period of time when the High Street was pedestrianised, within recent years, vehicular traffic has been reintroduced together with street parking. We understand that retailers within the town have experienced an uplift in trade as a result.
    Description


    This comprises two main shops, the smaller being let to an independent nail salon, and the larger, previously Boots Pharmacy, is now available to let, could be split into two units, together with rear service yard and garage. Upper floor apartment currently to let and first floor above the former Boots retail area which is offered with the ground floor, but could be converted into residential with independent rear access (subject to permissions).
    He rear there is a shoppers’ car park, which Flintshire County Council have operated specifically for disabled badged vehicles for a number of decades and they have not been approached for lease renewal, although they hold over. If this lease were ever to cease, it may be worth considering the develop0ment potential of the rear land, for a row of cottages or similar, subject to necessary permissions.

    Pricing
    - £250,000

    VAT - We have been advised that the property is not elected for VAT.
    Valuation office assessments


    We understand from verbal enquiries with the Local Authority (Flintshire County Council – .

    63 High Street: Rv £9,200
    63A High Street: Council Tax Band B
    65/67 High Street:- rv £15,750, Car Park at Rear of High Street:- N/A

    Interested parties should satisfy themselves as to the current rates payable.
    Viewing


    Strictly by appointment through the agents Celt Rowlands & Co. On Tel:
    EPC


    The whole of 63-67 High Street has an EPC rating of ‘C’ with the report valid to 21st September 2024.

    No.63a has a rating of ‘D’.

    Address Accommodation Tenants and Leases Rents Excl. And Estimated Rents P.A.
    63 High Street Ground floor shop and rear garage
    Front Internal Width 4.17 m / 13’7”
    Net Sales 81.22 m.sq. / 874 sq.ft.
    Itza 44.43 m.sq. / 478 sq.ft. Let to independent nail salon operator at a rent of £10,00 p.a., 5 year internal repairing and insuring lease, tenant’s option to terminate at 3rd year, from June 2023. £10,000 p.a.
    63A High Street First and second floor spacious flat, comprising sitting room, fitted breakfast kitchen, two bedrooms, bathroom with w.c. Let £550 pcm / £6600 p.a.
    65/67 High Street

    The property could be divided into two units:-
    No.65 - gf with rear servicing. Est. Frontage 3.6m, Shop depth 13.25m, Est net sales 38.74 m.sq., itza 28.8 m.sq. Rear WC.

    No.67 – Shop with rear garage/servicing.
    Est Frontage 5.9m, Depth 13.25m, Est net sales 72.55 m.sq., itza 52.76 m. Ff office and kitchenette 31.40 m.sq.

    Whole - Shop premises and rear garage. Ground Floor:
    Front Internal Width 9.5 m / 31’3”, Shop Depth 13.25 m / 43’6”, Net Sales 111.6 m.sq. / 1,201 sq.ft., itza 81.85 m.sq. / 881 sq.ft., First Floor: Storage, Office and Kitchenette
    31.4 m.sq. / 338 sq.ft. Vacant – To Let No.65 - £6,000 p.a.

    No.67 - £13,000 p.a.

    Whole Premises - Asking rent £16,000 p.a. For the
    Bevan’s Yard Car Park, Rear of 65/67 Part shopper car park, laid to tarmacadam with 11 standard and 6 disabled spaces. Please note that prior to the development of the car park, the past owners had plans drawn up for 4No. 2 bedroom cottages which fitted on the part for sale alone. Flintshire County Council hold over under lease originally for 5 years from 29/09/08. Covenants: Repairing – to keep area well drained and adequately surfaced in good condition.
    User – Only car park £3,500
    Potential Total Annual Gross Rent £36,260 p.a.

    Mortgage calculator

    Monthly repayment

    £1,250 per month

    Whole of market comparison

    70+ lenders and 10,000+ products

    How much could I borrow

    In partnership with

    mojo logo

    The monthly repayments provided are estimates and should be used as a guide only. The actual amount you can borrow will depend on your personal financial situation and subject to a full application. For a more precise estimate, please use the Mojo mortgage calculator. Your home or property may be repossessed if you do not keep up repayments on your mortgage.

    More information

    Report this listing